Displaying results for:
Debt worries rise amid higher interest rates and persistent inflation: MNP report
Visit external siteA new report suggests Canadians’ worries about debt are rising amid higher interest rates and persistent inflation. Bankruptcy trustee firm MNP says its quarterly consumer debt index fell 15 points since its last survey to an all-time low of 77 points.
Canadians’ anxiety over their debt situation has significantly intensified amid rising interest rates hikes, persistent inflation, and heightened affordability concerns, according to a new survey by MNP LTD.
Nearly half of Canadians are concerned about their current level of debt — a record high — amid rising interest rates, persistent inflation and heightened affordability worries, according to a report released by Canadian insolvency practice MNP Ltd.
MNP Consumer Debt Index Plunges 15 Points to All-Time Low as Interest Rates, Inflation and Affordability Have Many Canadians Concerned About Their Debt
Visit external siteThe quarterly MNP Consumer Debt Index has taken a drastic plunge to 77 points, down 15 points from the last quarter and marking an all-time low since the Index was created over five years ago.
